Clarida Says Economy Facing Lengthy Recovery Amid Uncertainty

© Bloomberg. Richard Clarida Photographer: Sarah Silbiger/Bloomberg (Bloomberg) — Federal Reserve Vice Chair Richard Clarida said the U.S. economy faces a long and uncertain recovery from the Covid-19 pandemic, and requires continued support from monetary and fiscal policy. “It will

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NY Fed says Charles Phillips stepping down from board of directors

(Reuters) – The Federal Reserve Bank of New York announced that Charles Phillips, chairman of Infor, Inc., has stepped down from its Board of Directors effective today. Read more on the New York Fed’s website Disclaimer: Fusion Media would

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